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$415,000
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Property Description
Calling all investors- Multi -family opportunity! incredible potential for savvy investors and those looking to take on a rewarding rehab project. Featuring 6 spacious bedrooms and 2 full baths, this multi-family home is perfect for transforming into a highly profitable rental or multi-generational living space. The bonus walk-up attic provides even more opportunity, allowing you to create additional living space, storage, or anything else you envision. With easy access to major highways and mass transportation, this location offers convenience for commuters and residents alike. Whether you're looking to revamp this property for rental income or personal use, the possibilities are endless. This home requires a full rehab and is available for cash buyers or those with approved rehab loans. Property is being sold strictly as is conditions with no representations from listing broker or seller.
Full Property Details
Full Property Details for 87-89-89 5th St
General
- Sold For: $415,000
- Taxes: $8,391
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 25008613
- Added to Site: 338 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: None
Location
- Area: Paterson
- County: PASSAIC
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,391
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Price & Sales History for 87-89-89 5th St
Date
Details
Price
Change
Source
7/10/2025
Sold
$415,000
67.34%
MLS
3/18/2025
Listed
$248,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
87-89-89 5th Street, Paterson, NJ 07522 (MLS# 25008613) is a Multi-Family property that was sold at $415,000 on July 10, 2025. This property was listed by Karen Peters from our Wayne Office.Want to learn more about 87-89-89 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.


